Housing Survey Shows Purchase Pessimism at All-Time High
A serious dearth of inventory is making the prospect of home shopping and homebuying too daunting for a majority of Americans today.
“The Fannie Mae Home Purchase Sentiment Index decreased in April by 2.7 points to 79.0. Four of the HPSI’s six components decreased month over month, most notably the component related to homebuying conditions, which turned net negative for the first time in the survey’s history,” according to a…
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